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tv   Markets Now  FOX Business  December 2, 2013 1:00pm-3:01pm EST

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the obama administration touts dramatic progress. is the latest fix too little too late? lessons this hour. adam: and it is the ultimate symbol of success in the auto industry. we will introduce you to the man who created it. his prestigious award hair and the future he goes by dave. lori: a busy hour ahead. let's get things started. kicking off a newmont. 2%. some fall since december. this december we're off to a bit of a slower start. >> seeing the market not too far off the unchanged line.
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a lot of the traders still think that the trend remains to the upside. all three of the major averages have up arrows. around 1812, 1814. we were watching for that as well as in the meantime, higher at the moment, watching this treasury balance. that is a big deal. manufacturing data came a better than expected. the fed is going to us stop the bond buying and people selling of bonds quickly. new highs for great companies. goldman, 90, american express to microsoft ball hitting new highs . jo ling kent over there. 17158 is the height. 8653. and then i can't leave out nike. so those are the highs of the day. watching that very closely as well. adam: opening weekend was a disappointment.
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for the first time in at least seven years retail spending dropped over thanksgiving weekend. that is according to the national retail federation. the early numbers showed total spending fell nearly 3% from last year. expecting sales to jump. lori: hilton that tells looking to raise big bucks in its initial public offering bbdo children is increasing the size and the price of its ipo so they can raise for two and a half billion. the hotel chain has not said when plans to go public, but when it happens it will trade under the symbol agency. adam: amazon wants to get into the shipping business using drone spirited last night they showed off the company planned
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to use drone devices to deliver packages. the project is called prime air and would deliver packages to customers within a half-hour of an order being placed. they did one that it will take several years to introduce the drones. depending in part on approval from the federal aviation administration. lori: amazon shares literally flying on this new sitting in new record higher earlier in the session. the 30th time this has happened this year. well shares spike for even further gains. the movie's or a smart use of technology, but the fund might not last. >> my take on it is that a long time ago jeff basil's went public with the idea that he would run a company his way. for along time there was a tug-of-war between him wanting to run the company and wall street wanting to write their weight. in other words, we want to see a robust bottom line. he won out. he does not have to necessarily deliver earnings as long as they
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know they are growing the company. the way you get to that position is deliver. part of that is to always be ahead of the curve with respect to vision. you have to admit,his is something that is a great vision and is good to have for him to articulate it, even if it is like when you think about it it may be common sense. lori: they hit a new high and pulled back. adam: maybe it is because when you look at the practicality of doing this got to have 30 minute deliveries mean that amazon or anyone else doing this would have to have inventory within 30 minutes of every potential to deliver in have to break -- built a huge brick and mortar outlays. adam: crunching numbers and facilities, and warehouse facilities, opening more, hiring 5,000 more people exist in the last quarter alone. you know, between now and whenever this is possible, 2015 and 2020. to your point it probably would
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have more. you could not blanket the entire country. certainly large metropolitan areas you might feel the pull it off. lori: a classic darling. what was changed? >> hopefully from the amazon perspective they can continually give wall street to reward them can you imagine four years from now they're still not making much money because the last quarter we bought 50,000 more drones? it can get in that situation where we have to sort of find a new metric and evaluation metrics and evaluate them. it is a thousand dollar stock because they bought 20,000 more drones. people will follow stocks have found all kinds of creative ways. lori: a lot of people did not even realize. amazon is so involved and invested. >> almost anyone in that business has to be. it is interesting.
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i forgot the name of the company , based here in new york and were going to do the same type of thing. delivery but now with drones, bike messengers. there were all over new york city for a minute. it did not work, because a simple you do have to make money, particularly as a startup. hall. adam: marking amazon drones. after the announcement, the twitter account amazon drowns. and these us some of the best. just wait. one day you will be stuck on the john with the tepee in sight. who were you going to call? drawn to the rescue. forget your girlfriends birthday? i got your back. thirty minutes a less. want to show someone how much you hate them? send me to their house with a nickel back cd. drone revenge. lori: what a tough crowd. let's get to the latest on the obamacare rollout.
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the obama administration, the troubled health care website a vastly improved since the disastrous rollout back in october. so much so that it appears that the website may have reached its maximum capacity. now, the former head of the massachusetts health exchange. great to have you back on the show. welcome. >> thank you. nice to be here. lori: health and human services is saying that they are running 90% of the time. does that mean anyone can log on and expect to sign up in a reasonable time? >> well, apparently not. it would be nice to have it running close to 100 percent. >> describe the kern vulnerabilities. >> they have done a heroic effort over the last five or six weeks in marshalling resources to try to improve what was clearly not functioning very well at all. really not functioning. but you would like to get those
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-- the consumer experience will depend upon all of the links in the process working. working close to 100 percent. that is really what you would like to see. and you know, that is just the basics, frankly. the really interesting stuff is down the road once we get through the mechanics. lori: discussing the mechanics. what you are alluding to is the question of whether or not the glitches and health care followed by the subsequent insurance policy cancellation, the question of whether or not all this really undermines the confidence in obamacare. that in and of itself will still continue to ultimately toward the loss. >> for political purposes it plays into the opponent's. but it really does not say very much about the affordable care act itself and the concepts. the promise of the exchange to make it very easy to shout to improve quality of coverage
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those are all things down the road. if we can't get past and we can't really do it -- your real test of the efficacy exchanges. lori: we want to remind everyone the you help oversee the rollout of chronic care in massachusetts in 2007. what is different from one of the many things, you gave folks seven months from the rollout to the deadline general. with obamacare the way it is now it is already december. say you're one of the hundreds of thousands of people that has your insurance policy canceled, a couple of weeks general devonshire earns by early next year. >> that is a row on december december 2nd. one of the things that is quite clear make this consumer friendly. i would expect there will be
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some leniency on time lines. young healthy americans. otherwise we face the death bar. >> we will once the mechanical problems are resolved. there will be sometime in 2014 and time for a price. really in 2015. insurance company premiums are locked in. they take a bath. but the real impact on consumer pricing will be dead in 2015. lori: if you were put in charge right now, what is the first thing you would do? how would you take it from here? >> that is what you call a theoretical. a hypothetical. you have to focus on the mechanics, getting the portal
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working, getting a close to 100% accuracy, 100% availability. and then you can turn to the interesting stuff, giving more carriers and, as we did in massachusetts. this wve and massachusetts. you now have to and private insurers competing and and very competitive pricing. i get the mechanics and focus on the whole supply chain. lori: we will see where it goes from here. appreciate your time inside. >> my pleasure. adam: the latest on the investigation into what caused the new york city commuter train to derail killing four people, injuring more than 60. a second data reporter has been recovered. adam: also, the ultimate reward for customer satisfaction in the car industry. we will meet the man who puts the j.d. power in the autumn industry awards. adam: she is one of the banking world's toughest critics. former fdic chairman sheila bear may still be looking out.
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why she thinks regulators need to free banks to lend more money. when does your work end? does it end after you've expanded your business? after your company's gone public? and the capital's been invested? or when your company's bought another? is it over after you've givenack? you never stop achieving. that's y, at barclays, our ambition is to always realize yours.
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♪ lori: and this news alert. hundreds of thousand protesters continued to take to the streets calling for a political revolution. the country's president all started when the president refused to sign a political and free trade. many protesters you integration with europe as key to break away from russian influence and eliminate rampant corruption. adam: we took the markets every 15 minutes. nicole petallides is on the floor of the new york stock exchange. you are watching twitter. >> reporter: let's see what the stock is doing right now. a $26 ipo. a dollar 50. below $40. right now sitting in 4101. certainly nowhere near $26. it fell. but now is the time that the underwriters, the quiet time is over. so we are finding out what goldman and deutsche bank and saying, and they actually posted
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a very positive on the company and the stock. a $46 price target. long-term value. a $50 target. best buy on mobile and its coverage. morgan stanley and j.p. morgan gave a neutral ratings. that is something to weigh in to your decision making as well. back to you. adam: thank you, nicole. lori: so many opinions on twitter today. actually twitter not being treated about. adam: likening it to what they're saying about amazon on twitter. lori: just so negative. adam: amazon stock is actually down right now. lori: oh, my gosh. less talk about the latest in a new developments in the investigations of this weekend's deadly train derailment. crews recovered to data recorders. investigators upington discover what caused the train to fly off the rails literally living for peoppe that and 60 people injured. joining us now live on the scene. >> reporter: good afternoon. yes. crews have been working through the night and into the morning.
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now into the afternoon working to get those topple over rail cars backed up so that they can get them out of your. it looks like a construction zone for most of the morning. heavy equipment being used. brand new video that we want to put out to show you exactly how this has changed since yesterday railcars have gone fly on their side and almost into the autumn river touching one of the rail cars, almost touching the nose into the water. now back up as you can see. there is still a lot of work to be done on the ground as investigators continue to interview passengers and crew members. they also have to deal with broken track. we heard that the train's engineer expected to be interviewed today, waiting to confirm that. a spokesperson could not tell us if that was happening are not. creating several teams to look into every aspect of this arraignment. survival factor, signal team. also a human factor team. that is, of course very important to find out if there
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was speed that could have been contained and was not. in new york governor hugh toward direct adjusted basis the damage is much worse than it looks from the pictures. >> three possibilities. a problem with the track. there was an equipment failure on the train itself for operator error. the engineer of the train he was a longtime engineer made a mistake. human beings. that could happen. lori: four people lost their -ives, does is went to the hospital. we understand that several are still in critical condition. we will have an update at 4:00 eastern time. back to you. lori: i suppose i can add to that fell morning commute from the northern suburbs is jam packed. adam: trouble for a lot of people in a lot of ways. it will turn our attention to something else. making its now with dollar bills. the man who gave away money but
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actually landed him in trouble with police. lori: we will hear about that. in the meantime fedex ramping up for the busiest shipping day in history. for a look inside. reaction to those amazon. lori: in
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>> reporter: at 23 minutes past the hour, i'm laurin green with your fox news minute. the fallout continues. disputed island chain in the east china sea. the "wall street journal" reports japanese officials are privately complaining that the u.s. is not falling tokyo. in rejecting the beijing demands for an airline to delphi plans. claims by both beijing and tokyo that the u.s. considers the reason to be international airspace. the vice-president joe biden has arrived in tokyo for talks with the prime minister. the weeklong trip also includes a visit to the demilitarized zone between south and north korea. meetings with the president of china and south korea. the national zoo has named its giant panda cub. this is says that the name means
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treasure or precious. officials announced the name yesterday as the cubs turned 100 days old following chinese tradition. and those are your news headlines on the fox business network. now back to lori and adam. you have to be careful when you call your friend about. adam: you could get in a lot of trouble for that one. lori: i'm glad you to list the transition. that's all you could come up with? adam: speaking of treasure, fedex expects today to be the busiest shipping date. a lot of treasure on its way, perhaps, to you. the busiest day in its history thanks to the growing popularity of cyber monday. jo ling kent is following all the action joining a certain aesthetic shipping facility in the bronx. >> reporter: that is right. it was a very busy morning as thousands of packages were shipped off across new york city. what is happening here is 22 million packages, record being shipped out all around the world. san global ups.
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thirty-three fedex crown hubs. %-per second. math, 125 packages they're being transported across the conveyor belt and trucks. they just hit an intraday high. they are on track to go to the new record close. about $139. $0.86. looking at that stock is on track try to if pacoima. >> they said well you can't speculate on this particular technology, i can say that making every customer experience of standing is our priority and notably anything we do from a technology standpoint will be done with that in mind. interesting reaction. adam: all right. jo ling kent, thank you very much. lori: well, this guy -- albright, the night -- the guy
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you're about to meet is no grants, ticketed on black friday after he tossed $1,000 in bills of the railing at the mall of america while the group performed let it snow. and in a youtube video the man city had a tough year and wanted to throw out his last thousand dollars to spread some holiday cheer. a charitable act landed him a disorderly conduct ticket by the police who claimed that this was just a publicity stunt in an attempt to help him get his estranged wife back. well, it's certainly got in some publicity. adam: that is one way to say you are not getting it, sweet. lori: that's true. you hit the nail on the head. adam: they're getting divorced. from breaking up the banks to giving a boost. lori: former chairman of how banks can capitalize on delivering loans. the payload economy. every day we're working to be an even better company -
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and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger.
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lori: all right. markets drifting a little here on the first trading day of the new month. as we do every 15 minutes let's head back down to the floor of the new york stock exchange to check in with nicole. nicole is watching krispy kreme in particular. >> that's right. we are watching krispy kreme donuts, kkd. it has a down arrow, down over 3%, take a look for yourself, down to 24.52. with this loss ahead of quarterly numbers after the bell. the stock has been on a tear however the last numbers back in august, earnings per share were less than expected. they have been facing higher costs and the like and we saw the stock move dramatically last round, down 13% after those numbers. we'll see if it's a different picture and if they have some costs under their, you know, pen. back to you. lori: thank you, nicole. adam: as the demand for
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short-term loans continues to rise former fdic chairman sheila bair wants banks to jump back into the payday lending game. she argue it is could be a win-win situation for consumers and big banks. sheila bair joins us in a fox business exclusive. good to have you back on our network, chairman. thanks for joining us. payday loans a lot of people have a negative connotation but there is need for people who might have poor credit to have access to loans. so what is it you're propose ing? >> well, they do. i mean that is the sad part of this recovery. it has been so uneven and more and more americans have trruble making ends meet on a monthly basis and they need to borrow and i hate there but there are ways to responsibly meet this credit need. but the current payday lending model is basically, borrow until your next payday for working americans, that can be two weeks. so you pay $15 for $100. pay it back in one lump sum in two weeks. borrow $300 that is another $45
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in fees. most people can't afford to pay it back in two weeks to make another loan to pay that 345 back. it keeps going. they get caught in the debt trap. these folks can not afford the astronomical fees they have to pay. getting banks to offer the product but at much lower cost i think they can. folks who get pay day loans have jobs. they can use direct deposit. there are easy ways to control credit risk if you're a bank using direct deposit and automatic deduct to get loan paid back. spread it out over installments. get the interest rates down and make it affordable for people having to borrow. lori: you mentioned problem of cereal reborrowing. you give the example what is going on in colorado, consumers are not allowed to borrow more than a small percentage much their paycheck, correct. >> correct. they keep it below 505% of their paycheck. they can borrow more.
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each momently payment period can not exceed 5% of that paycheck. it worked dramatically well. they have consumer costs down in way they have a access to smaller dollar unsecured loans when they need it but at much lower rates. adam: chairman, actually big banks were doing form of this. wells fargo. i pulled it off the website. they say on the form this service is expensive form of credit designed for short-term borrowing needs. what would be appropriate interest rate to allow a bank like wells fargo to do this? could the fdic maybe set that rate? >> well, they don't, they don't set rates. they shouldn't set rates. adam: they shouldn't. >> i don't like regulators setting rates but they can look at ability to repay. they can look how much the payment is. if you get the payment down as percentage of what their disposable income is you will get the interest rate down. you can also encourage through cra credit. cra credit is given to loans geared toward middle and lower income people. we have said at the fdic, this
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was done when i was there, if it is below 36%, we'll give you cra credit. that is how enthusiastic we are trying to provide lending in this space. we will reward you with cra credit. it can be done with that. there is credit union in north carolina charges 1% a month on pay scale. they serve the state employees in north carolina. so annualized rate 12%. they make money hand over fist on this they have automatic spending features, when you pay back the loan you have to put some in savings account. it is a successful program. lori: you met with treasury secretary jack lew to encourage banks to make the payday loans? the banks have to be a little skittish considering the heavy arm of regulation they're under right now? >> right. that meeting was not about payday lending. we discussed some of the issues, this is group i run called the systemic risk council. we talked more about systemic
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issues related to bank capital, bank leverage and money market loan reform. we didn't get to payday loans. i would love to have discussion with him about it. some of it could be better target and other areas we felt like we need it and don't have it but here i think this is a market opportunity for banks and nobody is saying by regulation we'll force to you do this but look at this as a market opportunity. banks, they already have the infrastructure. they have the accounts. they have the customers. they have the employees. adam: sure. >> the traditional payday lender has to go out there to get customer, pay rent on storefront, pay staff. they don't have direct deposits. they don't have automatic deduct the way banks can do it. the cost for banks is much, much lower. adam: i can't let you get away without asking you about follow-up your meeting with secretary lew. >> okay. adam: you have been a critic of too big to fail. >> right. adam: one of the criticisms, we're five years out, six years out the banks are even bigger. are the banks any healthier?
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are you worried about where we're going in the next six months? >> i think the banks are healthier. i think they're getting, slowly but surely getting simpler. getting rid of some of their extraneous business lines. funding cost, very largest banks, funding costs, cost of issuing debt borrowing in the market relative to smaller banks clearly small enough to fail, those funding costs increased. moody's eliminated holding companies the bump up they used to give large institution as credit rating assuming government would bail them out. there has been progress. we need to do more. we need to get capital levels up significantly higher. there is still too much leverage with big banks. there has been meaningful progress and we need to give regulators credit for that. >> former fdic chairman sheila bair, thanks for joining us on the fox business network. >> thank you. lori: when unlimited bread sticks and pasta is just not enough to feed your investment appetite, ahead olive garden's new men you shake-up.
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adam: they have great salad. lori: a lot of t. adam: charlie gasparino is up next. with details of investor activist, bill ackman on, here we go again, herbalife. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tecstocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floo get rl-time market scanning wherever you are with the mobile trader app. from td ameritrade. you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex.
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if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 llion? 2 million? 3 million? the ansr is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. >> i'm cheryl casone with your fox business brief. the supreme court is refusing to hear appeals from two major online retailers against new york state's sales tax law.
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amazon and overstock.com challenged the law requiring collection of the taxes in states where they have no physical presence. states reportedly lose $23 billion a year in uncollected sales taxes from online retailers. u.s. manufacturing grew last month at the fastest pace since april of 2011. that is according to the ism index. manufacturing rose in november to 57.3. that is up from 56.4. that is the reading for october. and highest reading in 2 1/2 years just clocked in. dow chemical is weighing options to sell most of its chlorine operations its oldest business as part after plan to sell assets worth 3 to $4 billion. dow is moving away from chemical production, to focus on electronics, packaging and agriculture. that is the latest from "fox biz."
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adam: bill ackman may be disengaging from the media but is he actually going away?
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charlie gasparino joins us looking like spock from the alternate universe in that episode from "star trek" with the pointy ears. what is with the beard real quick? >> i just didn't feel like shaving for couple days. i looked in the mirror, doesn't look that bad. i tried it a few times. and, i'm seeing what happens. lori: new mirror. adam: there you go. you're speechless. what about ackman? >> i put this guy, i believe it when i don't see it department. this is with we hear from people that have spoken with bill ackman, that he feels he is essentially lost the pr war. i actually think he is has a lot of merit to some of the stuff he says about herbalife. about the fact that it's a pyramid scheme. that maybe, maybe, there is more distributors than actual users. at some point it falls apart. adam: direct marketing is like that. >> but there is some truth this is publicly-traded company with a huge market cap right now. and you know, growing leaps and bounds, at some point you have
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to ask yourself where are the sales? he make as rational argument but where he has fallen down and where he is now admitting, i think this is kind of key in this herbalife battle, that he has lost the pr war at least so far. that he is telling people he will keep a lower public profile. he is telling people he is likely, and saying this like i believe it when i don't see it, likely not to do tv interviews anymore. adam: he hasn't been doing them for quite a while. >> he did it last week when he did the robin hood thing. it backfired on him. i think that was, what happened last week he set up this expectation that he is going to have new information on herbalife. he spoke before the robin hood foundation summit which is kind after place where a lot of investors give investment ideas and done for a it cha. he was supposed to do this, give new information. he fell on his face. the stock actually went up. the market is basically saying this guy, i think he did a very kind of long-winded interview with bloomberg where he called investors in herbalife,
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carl icahn, nothing but 80-year-old billionaires and trying to attack them because they're billionaires and 08 years old. adam: up 2.5%. >> i should point out carl is not quite '80. george soros might be '80. he has a public relations problem. he is acknowledging it and likely to take a less public, less public fight here. he will continue behind the scenes obviously. he has plenty of lobby its. working with lawmakers to try to get the ftc to basically kill the company. adam: draw the figure on the line for him? it's huge. >> he said 500. has to be more than 500. he said that the stock, before the stock's latest rally. i talk to people, that know carl icahn just look at numbers. whether there is a pyramid scheme or not, in the short term, the stock could go to $100 a share. adam: you talked last week potential to take it private. >> lbo. the cereal dude, owns one of the
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big cereal companies but a good investor is talking to people. from what we understand he has yet to call us at the fox business network back. we understand he is talking to people about potentially buying the company. he likes the company. whether he does or not i can't tell you. i know he is clearly is indicating he would like to own the thing. he owns a big stake. he increased the stake to over 6%. i think this is kind of interesting. it shows you that, listen, bill ackman, you know, made a lot of money off his mbia call. did it five years before it blew up. he basically said mbia was going to implode and that is the mortgage, bond insurer. actually did during the financial crisis. adam: however. >> however he didn't attract type of attention he attracted on this one. this is interesting. he clearly, when you got people investing in, we're talking, not going into probably a financial crisis the next five years. it's a little different situation. adam: that is me knocking wood. >> i don't think herbalife will blow up because of a financial
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crisis. adam: the stock is up today. >> will blow up for other financial reasons. you know, he basically picked fights with guys he can't win. he will not beat carl icahn on this this thing is not going to implode unless the government shuts it down, it will not implode within the next three years. he is in a pickle. if you're investor you have to look at this way. he might be completely right. i see a lost merit to his arguments why this is pyramid scheme. we hades walsh, the president of herbalife. i asked him about the distributors. adam: kept dodging questions. that was months ago. >> i said, why don't, who are your real customers? well distributors are customers. isn't that the notion of a pyramid scheme, if distributors are customers, at some point distributors run out and, he couldn't really answer that. ackman's position, i say every investor, short term, whether you should buy or sell the stock, whether in the short term there could be an lbo and stock goes up on in the short term the
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government is going to shut it down. if you talk to carl, it is more likely the stock will go from lbo or something else than the government shutting it down. adam: charlie, thank you very much. >> get you updated on the markets. keith bliss joins us from the floor of the new york stock exchange. keith, strong economic data set the tone this morning. ism stronger than expected. treasury yields are higher. stocks are selling off slightly. make sense of it all for us. >> i'll try. it has been hard to make sense of the stock market at all this year. we'll get a raft of economic data this week culminating with the jobs report at end of the week. you will see the equity market go very quiet here. maybe through end of the year. investors are saying, benchmark is s&p 500, they're up 27%. no reason to do anything yet. lori: they are done. >> they are done. you can see it in volumes. we feel it every day. you see it in the volumes. they're basically done for the rest of the year. lori: keith list you're done for
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now. >> my pleasure. adam: olive garden menus getting beefy. in an attempt to compete with other italian restaurant chains they are adding a 6-ounce burger to the menu. customers can skip pasta and choose 10-dollar burger. they saw same-store sales fall 4% over the summer. its struggles are taking the to on the stock. lori: there is this. shares of darden restaurants barely notch ad gain. chile, parent company brinker international is up 5%. adam: we were talking about the. it is cyclical. taste, come and go. lori: it is bread sticks at olive garden. >> there you go. lori: will ferrell pitchman from dodge durango to jackie underwear we'll tell you about the anchorman's next gig. adam: we'll meet the man. the one only, jd, dave power.
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what he says it takes to be successful in the automotive business. ♪ tñ
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adam: dave power began researching the auto industry in 1968, found being jd power associates at his kitchen table. after revolutionizing the auto industry, jd power provides global marketing solutions for variety of industries. dave power joins us with his take on future of the auto industry and how it is successful in business. pleasure to meet you. i want to ask you why your favorite car is 1959 thunder bird. i think other people would pick a different car. how do you stay successful in
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business when you have achieved success? >> well, you try to keep up, ahead of the game and i've worked very hard at it, for 50 years. adam: when you talk about staying ahead of the game, what lessons do you think detroit has learned over the last, say, 30 years and are they now ahead of the game or are they still catching up? >> well i think they're, they're all catching up, and they, judge their quality based on their own research. what we try to do is to give them an overall view of the industry and how they ranked within the other manufacturers products and by doing that we got them to look at things in a different light. adam: well, i'm curious. for instance, you actually, one of the cars, top 10 cars that you actually like i think is a
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1980s oldsmobile with diesel engine. gm had all kind of technical issues and reliability issues with their diesel engines which essentially was no good. yet this is a car you liked but not necessarily something a consumer would like, right? >> that's correct. really i did not by any cars or drive any cars that were rated high in our surveys. and so i experienced the bad news and that helped me in understanding what was going on but it also helped to show that i had no favorites. adam: let's talk about where the auto industry is heading. globalization obviously. i mean you have, china is the largest car market in the world now. what else can we expect for cars in the future? >> well i think we're going to see all of the manufacturers having to compete on a global
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basis. and that's good for the consumers. the consumers here in the united states and also around the world. what about battery technology? do you think we'll ever get to the point where american consumers will trust battery technology and buy into pure electric vehicles? >> i think electric vehicles have a future and we'll see a lot more developments in the battery technology and i'm sure within five years we're going to see some major breakthroughs. adam: all right. dave power, we appreciate you being here. the founder of jd power and associates. all the best to you. >> thank you. lori: the jd power. still has his finger on "the pulse." that's great. get this, one north dakota tv station stayed very classy. actor will ferrell in full ron burgundy character and tolled in
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the to fill in on the saturday newscast. the guest anchoring gig is a string of appearances by farrell in marketing campaign, had ron burgundy selling underwear, ice cream and even dodge durangos. paramount pictures hoping to beat the rush, moved the "anchorman 2: the legend continues" up to december 11th. adam: they keep moving it. it was to be christmas and then the 20th and 18th. demand wants people to see the movie. lori: jumped the shark would you say? adam: no, i think it will be a good movie. lori: too much overexposure? adam: time for us to stay classy, planet earth. tracy byrnes, ashery webster kick off a week long series with ceos of -- lori: shlemer. adam: them. lori: much more on the amazon's plans for delivery drones.
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is it science fiction? tracy and ash next. adam: ask them for the definition of san diego. in chin, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual fun beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing.
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ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ashley: good afternoon, everybody, i'm ashley webster. tracy: and i'm tracy byrnes. the company is in the middle of its busiest day ever. jo ling kent is in middle of all in a fedex facility in new york. ashley: the fedex trucks may one day be replaced by these, delivery drones. pretty cool, huh? our twitter question is it really science fiction or will it happen? twitter us your reaction. your answers straight ahead. tracy: like george jetson. in our week-long series of got to have it. we have ceos of rue lala and
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hamacher schlemerrer. they are here with gift ideas. ashley: robotic night watch man, coming to a mall near you. those stories and more as the markets roll forward. tracy: that is kind of freaky. time tore stocks as we do every 15 minutes. nicole petallides on the floor of the exchange. hey, nicole. >> good morning, tracy and ashley. good afternoon. the day blends together. dow jones industrials having back and forth action that is what we've been seeing of late though the trend has been to the upside. dow is down 26 points to 16,059. the vix, fear index, to the upside. everybody is keeping close eye on 10-year bond at 2.80%. that in itself a big deal. s&p 500 with an up arrow. ing also names in retailers on wall street on this day that is
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cyber monday. let's look at some online winners and losers today. amazon is a winner because it hit a new high. it since pulled back. it is at 392 and change but it did hit a high. ebay up 2%. sale. some of the losers, including groupon and netflix. back to you. ashley: interesting stuff. nicole, thank you very much. well the goldmarkket having a rough time with the precious metal hitting a nearly a six-month low. sandra smith in the pits of the cme with today's trade. sandra? >> yeah. the momentum still to the downside and precious metals market. investors running for the exits. gold down $26 on the session at 1224 a troy ounce. silver prices also down on the session. all this, guys, in a year where gold prices have lost 27% of their value. investors have pulled $34 billion out of commodity funds this year and looks like this selling could be
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exacerbated as we kick off december. any good news in the market is translated to the fed possibly tapering at its meeting this month and tapering means stronger u.s. dollar. weaker gold prices. right now.e trade happening by the way, gold in november, falling 5.3%. its worst performance since june. right now on track for the first annual loss in 13 years. gold isn't the only commodity that's struggling. look at year-to-date performances. corn down 41%. silver down 36%. coffee off 24%. all three are in bear market territory. and wheat, thanks to a bumper crop down 17%. where are these commodities going? all the big commodity houses have basically said step away from commodities as we enter into the end. year. jeff courier at goldman sachs head commodity strategist basically reiterating call for gold to be a slam dunk sell, guys. we're still seeing that money come out of the commodity funds
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as we kick off this month with gold down $26 on the session. back to you. ashley: it has been a rough day for gold. sandra, thank you so much. >> thank you. tracy: so fedex expect the to, this to be the busiest shopping day in its history thanks to the growing popularity of cyber monday. its stock is completely reflecting it, on track for at all-time closing high. jo ling kent is following all the action from the fedex facility in the bronx. hey, jo? >> hey, trace. take a look around me right now. it seems kind of quiet. but imagine this place filled because it was absolutely nutty this morning. workers flinging packages, organizing documents and packages into bins, on to these conveyor belts. it was absolutely full. take a look at the scene this morning. this is part of an 11% uptick in fedex chimps this year resulting in 22 million packages sent on cyber monday alone. it is the biggest day in
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shipping history. we're expecting to see a huge day for fedex. it is already reflected in the stock price. look at the stock chart. they're on track to a record close. if it closes above $139.86 we'll have seen a record high for fedex's stock. certainly cyber monday is being very kind to fedex. and they're forecasting 85 million plus packages globally will be shipped between december 1st and december 7th which is this week. they expect 13% of an increase compared to last year. so some great numbers for fedex. we'll see how all of this online shopping shakes out for some other retailers. i will send it back to you guys. tracy: jo, you've been on air since, first hit this morning and that place was jamming. i suppose everybody is out delivering all those packages they were sorting. jo ling kent, thank you for working hard today, girl. >> good to see you. ashley: got a check from fedex for that.
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amazon says it will take some more time and work, but, the company says it will be able to deliver packages by drones it europe door within 30 minutes. our twitter question is, ceo's jeff bezos's plan science fiction or will it actually happen? tweet us at fox business #fbn. your answers on the bottom of the screen. joining us with his take, the association of unmanned vehicle systems international. ben, we saw all of this. it came out on "60 minutes last night. mr. bezos says, look, we're four or five years away from this actually happening but it is not that far off. is this the reality? >> hello, ashley. yeeh, the technology for unmanned aircraft has been with us almost since the dawn of veryization, but where the last decade or so we proved this technology is
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reliably flown. increase of avionics and miniaturization of cameras, this is poised take off here domestically. before that happens, the faa, the safety organization needs to write the safety rules. ashley: well that's, there are some questions about this technology because if it is approved, what is to stop other companies getting involved? seems to me the skies will be packed with these things. >> the faa came out with five-year roadmap last month where they predicted about 7500 of these systems in the airspace within the next five or so years. but i think it is important to put that in comparison to how many manned aircraft we have. it is something like 300 or 400,000. some folks said this might blot out the sun. that is really not the case especially we're talking about small, unmanned aircraft systems. in fact i actually brought one of these small systems with me today. i'm actually holding it up right here. ashley: that is very cool. >> this is a two-pound quad
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copter. it has a small camera on the bottom here. it is manufactured in germany. it is used by the police, fire departments. used by agriculture, farmers and also bridge inspection folks as well. ashley: that is interesting. only time i ever hear the word drone is when we're talking about attack on a terrorist somewhere in the middle east. certainly the military have been using these. this is whole different game when you start using them as a commercial enterprise. we have these things carrying packages under five pound and under to begin with. but, what is to stop people from stealing these things? let's start there? >> well you know, there are number of issues that still need to be addressed before you really start seeing these things in the national airspace. not only safety issues to make sure the aircraft don't fly into manned aircraft around there is safety and security measures as well. how will we ensure they are not hacked or someone doesn't spoof them or take control of them.
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there are technologies being developed today to insure that does not happen. ashley: that is interesting. do you see a time when these types of unmanned aircraft could deliver bigger items? i don't know whether sears could deliver a refrigerator using one of these things or lowe's could drop off a bunch of lumber but how far could this go? >> i think thought it was interesting that your prior piece on fedex, fedex talked about their interest converting packaged airplanes to have unmanned aircraft, to have their pilots on the ground, not in airplanes. ashley: that is interesting. you think this is doable and the timeline four or five years is reasonable given approval by the faa? >> the timeline is pretty aggressive. the congress directed the faa to integrate these systems into the airspace. there are a lot of technology and issues still need to be worked on but from a technological standpoint i don't think we're that far off at all.
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ashley: does this put a lot of people out of work? >> this industry is poised to create a lot of jobs. our association came out with an economic forecast earlier this year, that said within 10 years, this industry, unmanned systems industry could create $82 billion of economic impact which would lead to the creation of 100,000 new jobs. so these are aircraft that will do tasks maybe too difficult, dangerous or dull for manned aircraft. for instance, you can fly these things over a forest fire, someplace where you wouldn't necessarily want to have a human flying at all times. ashley: yeah. >> there is lot of potential for these systems. ashley: fascinating stuff. i love the movie "blade runner." reminds me of all that. ben, thank you so much for spending time with us today, bringing in your own drone. appreciate night thank you for having me. tracy: soon everyone will have their own drone. cool kids will. ashley: will be flying at the window behind us.
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tracy: health insurers hoping to bypass the healthcare.gov website. will private business save obamacare? ashley: offering that hilton hotels is about to float. tracy: got to have it. our week-long series begins with the ceo of rue lala and ham macher schlemmer. ashley: look how oil is trading after being under a lot of pressure first day of the week, starting to come back a little bit. we'll be right back. she loves a lot of the same things you do.
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speed bump when the cfo left. i'm not sure why the chief marketing officer left but they are not big names typically pull back i think it's a buying opportunity for the company. ashley: have they said why. >> just start press release. ceo you get nervous. cfo, you batten down the hatches. i never saw a company get hit on chief marketing officer leaving although the guy had a really good resume'. they signed a deal with russia. in 186 companies they have shipped. earnings consensus continue to move up higher. obviously the caveat here it is a volatile stock but i still think it is going to make a move much higher in the upside. tracy: all is well in the world when charles brings us volatile picks in the 2:00 hour. where are you getting in and where are you getting out? >> get in here and minimum 25% on the upside. ashley: wow? >> yeah. ashley: this company, they have a lot of products, don't they?
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>> they have a lot of products. they do ip cameras and whole lot of things with networking equipment. they're in six different areas. just been really great. the street, by the way, thinks they will grow at least 36 per annum for the next five years which is pretty lofty growth. just a matter of bringing it down to the bottom line. tracy: charles, real quick before we let you go, we know the dow is down. so many people are on the sidelines. we talk about the market on a tear. if 'm not in yet through the rest of the year do you say just wait? >> i say, you know what? next earnings season find great companies doing extraordinarily well and taking market share and pricing power and buy them on any sort of weakness you see. tracy: so wait? >> you can wait did you don't get too cute. people missed 10,000 points waiting for exact moment. finding companies you're comfortable with. best way to do that is earnings season. ashley: great advice. tracy: buy nike because i'm already in the hole thanks to nike. >> because you've been buying shoes for the kids.
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tracy: i'm so in the hole. >> we'll talk about that. all-time high by the way, the stock. tracy: thanks to me. charles payne, thank you. ashley: just a little bit quarter past the hour. time to check the markets. the dow off a little bit. nicole petroleum down at stock exchange, watching the dow done 40 odd points, nicole. >> we're not too far off session lows here on the s&p and dow. s&p low is 1802 or 1804. the dow low is 1632 i believe it was or 1631. we're sitting 16,000,345. -- 16,035. we had good november and three straight months of gains. look at dow chemical. spined off some parts. the ceo right now with this news of a possible spin-off. you're seeing it up almost 3% on the day. really bucking the trend here. expect a deal to happen within the next 12 or 40 months. 40 manufacturing plants from its
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business spinning off to generate $5 billion total revenue, annual revenues. that is what they generate ultimately. so it's a big deal they're doing this. continuing to try to focus on their mainstream business. in addition to that, this is a 115-year-old company. right now at 40.20, a gain of 3% for dow chemical. back to you. ashley: nicole. thank you so much. tracy: insurance companies are saying wait a minute. healthcare.gov still has some significant issues but they may have found a way to fix it. ashley: somebody, please. got to have it. a week-long holiday gift investing series begins with the ceos of rue lala and hammacher schlemmer. first as we head to the break, look how the u.s. dollar is moving on this monday, cyber monday of course. guess what? the dollar is stronger against all of these currencies, all of them moving lower. we'll be right back. hi honey, did you get e toaster cozy?
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>> at 21 minutes past the hour i'm lauren green with your fox news minute. leaders of the house and senate intelligence committees say the terrorism threat against the u.s. is increasing and that americans are not as safe as they were a year or two ago. senator dianne feinstein told cnn there are more terrorist
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groups than ever. congressman mike rogers says that is putting enormous pressure on u.s. intelligence services. vice president joe biden arrived in tokyo for the talks with the prime minister shinzo abe. with concerns over china's new air defense zone. the week-long trip includes a voice to it the demilitarized zone between south and north korea and meetings with president of china and south korea. the national zoo named the giant panda cub, bobo. the names mean treasure or precious. they announced the names as the cub turned 100 days old, following chinese traditioner. those are the news headlines on fox business network. back to tracy. tracy: when you have a child, think of that name, treasure, poor kid will get beat up in
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school. lauren green, thank you very much. breaking news. despite disasterous start and two months of round-the-clock repair and president obama is saying healthcare.gov is significantly improved but the work is not done. really now? insurers would beg to differ. according to multiple reports they're looking for ways to bypass the website all together. joining with us a latest on all this is a reporter for "the hill." i don't know, does it take audacity or guts to come out and say we're getting there? >> that's a good question. after two months i think at love people were looking for a more definitive answer than that. certainly for a lost users healthcare.gov is getting better. the question now is, are things on the back end of the website working? for example, when you're applying for health care at healthcare.gov is your personal information being transmitted correctly to your insurance company so when you go to use that health plan you actually can do it? there are been problems with that the administration says
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there is lot of work still to do. tracy: that is really the issue insurers have now is the back end stuff, is exactly right. tracy: delivering consumer information to the insurers. it is not translating properly. that's why they're saying hey, you know what? we can do this better, we'll take it into our own hands. >> they are. they want to create a direct enrollment system where people can apply for obamacare coverage by shopping directly with the insurance company. health insurers know they can sell plans better than government. they have been doing it for years. it is not a problem for them. they have marketing strategies that reach out to the very population they're looking for. the problem a lot of health insurers don't have a way to apply tax credits available to people on obamacare. what the administration is doing, creating a pilot program over several states that will help them test the new system and perhaps, down the line, expand it across the country. tracy: there has to be a way around that, or better yet, a way to include that.
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we're still, insurers are smart enough to figure this one out, right? quite frankly many people don't apply for credits and subsidies anyway. they could just bypass it all and go straight to the insurers. >> that's right. people who don't need tax credits can currently do that i think what the insurers want to be able to go out to the public to say, listen, this whole healthcare.gov is not working for you, it is not working for us, why don't you come to the us. that would create tensions with the white house. i'll tell you that relationship is not going as well as it has in the past. tracy: not at all. can youma this out for us? do you think the insurers can snowball them and work right around the healthcare.gov website and also make it not necessary? >> i think it is possible. certainly if we continue to see kind of flaws in the past with healthcare.gov despite the deadline passing we could see a system where insurers go to the administration saying listen, we need a work around, need it for all the companies and people across the country that could happen.
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we'll have to wait and see whether the glitches are actually fixed on the website. tracy: is anybody doing it right out there? connecticut's plan is out there? if the federal data hub fails. is that working? >> yeah. what connecticut wants to do is create a system that would allow them to bypass all these eligibility determinations where they have to interact with federal databases. they say it is not going very well although that part of the system has gone better than the rest. connecticut is running its own health insurance exchange with a lot of success. they're getting great enrollment numbers. listen we want to do this ourselves. frankly we have to remember, there are only couple months left in the enrollment period. it is hard for them to construct something at the last minute. maybe next year. we have to remember this will happen every year. tracy: sure is. all degrees of bad. thank you so much for being here, lisa of "the hill." come back again. >> thanks, tracy. ashley: absolutely got to have it. we begin our series next with ceo of online deals site,
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rue lala. later in the hour the ceo of hammacher schlemmer. tracy: plus in tech minute a robotic night watch man coming to a mall near you. creepy. ashley: yes. she may be worse than that robot night watchman. lindsay lohan about a suit against a videogame producer charging they are are illegally using her image. tdd# 1-800-345-2550 searching for trade ideas that spark youruriosity
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microsoft of the sick, the people using their research today, but on the downside, taking a look at three am. this is a company that got a downgrade from morgan stanley to underway today. that is having an impact. twenty-eight. twenty-nine points of the 39 that were down because of that morgan stanley. it is a good company, disliking his peers after a strong performance. let's go down to nicole petallides. the little hungry. some restaurants. >> reporter: am happy to have any of the fast-food restaurants looking and a big story, and this is pertaining to minimum wage. let's take a look at mcdonald's. this is a representation. right now it's down about half a percent. is the most of the names.
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this is for all these fast food outlets, organizers, $15 an hour the 725. one hundred cities on thursday. if you are looking to go get some vested on thursday you may find it difficult. as i said, 100 cities. of course the companies themselves, we give the minimum wage my entry jobs under 20 but years old. president obama's said he would back a minimum wage line. but the prince of the companies. back to you. tracy: thank you very much. we will see when a bit. with more than 140 -- i was supposed to wait for that animation. i was told to wait. i still did not wait. more than 140 million people shopping this weekend, the national retail federation found
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another 130,000 consumers were waiting for today's online promotions to shop. of those, we for this, nearly 25,000,009 expected to use smart phones. 22% increase the online retailers, president ceo joining us now to kickoff our bad habit series. so cool that you are here because the numbers are well blew me away. 61 percent of your sales for the weekend came from iphone. that is crazy. >> absolutely crazy. the growth of mobile shopping has been absolutely unbelievable the fact that six of every ten hours is coming from mobil is crazy. i tell you, on thanksgiving day we saw, you know, what we typically see is a lot of tablet and ipad shopping, but we saw a huge increase in iphone
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sales as people headed out to stores. that did not mean they left online shopping in their houses. they brought it with them and their shopping on their iphone. tracy: shopping in two places at the same time. you have to go and live in our sign up. it is really nothing. i have done it. you have access to all these fabulous sales. the problem commander reason that the fund has become so high is because they are only offered for a limited time. >> that is exactly right. black friday 365 days a year. almost too good to believe, but they are to be believed. we launch sales of 11:00 a.m. and 3:00 p.m. so you have got to get there and have to get there fast. a brand that you loved and certainly the mobile device is perfect for that. tracy: give sales are up over 200% season today. i have not even started my shopping yet. dabblers these people. you have a really no-nonsense
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way for guess. >> we do. i tell you, everybody in the commerce is focused on making sure that online shopping is better in every single way that physical stores. we have done this year is innovated the gift received. it is so much better to give a gift which the main reasons. one, we guarantee that every gift recipient on your list is going to love their gift, and if they don't we will actually pay for their return shipping to bring it right back so that they can find something they love. they don't even have to leave the house to deal with return. the last bank, it is horrible if you give a gift or receive a gift and have to grin and where it because you don't have an ability to return it. god forbid yuri gifted. a perfect solution which is driven huge increases in give sales. tracy: i'm the last minute program everyone knows it. i will get there eventually.
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less talk about how you did designers offer this stuff. how you get is a cheap gimmick. >> sure. the magical thing for these designers and luxury brands is that there are 10 million members. we are an incredible marketing by phone to introduce customers to brands that they may not have tried before. so the majority of sales are to customers are purchasing a branch for the first time. these brands think about of marketing platform in the want to make sure that there is incredible value when will we do. brand's always have access to products from a produced too much of one star not enough of another. an incredible value for the brand and the customer. tracy: it makes perfect sense because a lot of people probably would not by adults say gabon a scarf and now they can. thank you for taking the time to be with us. i swear i will get on morality shopping. >> all the way until
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december 203rd. >> fingers crossed. tracy: the best part, you cannot miss this. ashley: apparently we have to give them back. we will see about that. breaking news. oil closing higher today after being under a lot of pressure. up the dollar and $0.10.@ today's gain of over 1 percent, the second straight day of gains for crude. time now for your tech minute. the lead is taking over your tv. web companies like trip advisor and zillow are embracing television commercials and spending some big bucks engaging in audience.
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companies like match dot com and the assurance spend over $15 million on tv ads. the logo read. the second year in a row. together we can achieve and 83 generation. the programmers created by youtube. created as an alternative date machine. they find work in progress. a video camera. thermal imaging sensors, radar, laser range finder,
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higher-quality sensors, microphone, and a coffee maker. critics are calling it part to defuse evil twin and are concerned about privacy. economists also worry about technology wrecking the cloud. the co-founder, not a job killer, but a system that upgrades the role of security allowing them to focus on other strategic work. i don't know. what about going haywire in the mall, probably not a good idea. tracy: a ba can hired as a babysitter. our td to buzzing around. it's crazy. well, it would be the largest hotel ipo ever. hilton hotel is about to float. ashley: this ceo will be joining us as a week-long have to have a series. [ male announcer ] once, there was a man who found a magic seashell.
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it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male annouer ] right there in their trading platform. ♪ [ indistinct tking continues ] [ male annocer ] so the magic shell went back to being a...shell. get live squawks right in your trading platform with think or swim from td ameritrade. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefciency could help americans save $300 billion each year. take the energy quiz. energy lis here. ♪ nothing, that's what?
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that's why i take prilosec otc ch morning for my frequent heartburn. 'cause igives me a big fat zero heartburn. woo hoo! [ male announcer ] prilosec otc. the number one doctor recommended frequent heartburn medicine for 8 straight ars. [ larry ] you can't beat zero hearurn. and best of all, it means i can enjoy all the foods i love. oh, zero heartburn is awesome. just like ro clery. ♪ [ male announcer ] prilosec otc. one pill each morning. 24 hours. zero heartburn. >> reporter: i'm adam shapiro. a million dollars. the largest offering. blackstone and two dozen seven. the department of justice has approved microsoft's proposed acquisition.
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that deal in september includes right to passes as well as a small farm products. blackberries acting ceo says the company is very much alive.es ao businesses. that's the latest.
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♪ ashley: time for cool gifts. more now on our special week-long series. top retailers this holiday season. known for its unique one-of-a-kind gadgets and gizmos -- business. guys love this stuff. joining us now, ceo, richard sunbird. thank you for joining us.
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you know, your company has been around for 165 years. fascinating. at one point the russians are was a huge customer of your company. >> one of everything out of our company. ashley: a bunch of your products here on set. i would like to get to these. we have an iphone photo printer. this will actually print your digital photos. you just have a dog year, but your phone in, and it will print your digital pictures. is that correct? >> a very useful tool. a very gives sellers. since they have been so popular, you know, this product has really taken off. ashley: only $1,509.95. i say only because looking for a
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gift for me, this to be great. you also have a digital polaroid camera. we can really put this one right here. of course, we all know the polaroid camera of the old days, but this is the digital version. take a picture and issued an print photos by itself. >> right. instantaneously. so all the benefit of the old polaroid. it does it digitally now. tracy: we have some gloves on the set. this is -- to have to bury them in my papers. this makeshift stand. put it right there. but these are gloves that you can basically use as a phone. is that correct? explain it. >> if you are outside and you have your iphone are smart phone in your pocket you can use your finger, it, and your fingers the phone.
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and it will serve and relate that to your phone. ashley: the digital polaroid camera. we are running out of time. what do we have here? this is the emergency radio. it is called the best emergency radio ever. what is so good about this? >> we tested that. the institute tests products to make sure you have a good one, but because we saw with hurricanes in the last year, when electricity ran out, this is a device that you can pick up radio and weather broadcasts. actually hand crank it and charge yourself on. it is very useful.
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ashley: crank it up. terrific before we run at a time . r2d2. this is a replica of the infamous or famous tried from star wars. what does this actually do? >> this is a little robot that responds to voice command. it can follow you around the home. it even as an armada it so that it can deliver a drink to an individual who is over at your home. and it is just a very clever little device. ashley: i love it. it retails for 199. great product, great fun. love your store. thank you so much for joining us. >> thank you. ashley: much fun. we have to send these back. tracy: coming up tomorrow, i have to have it. the ceo of bridgestone.
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their best sellers. you don't want to miss that. dammar right here on fox business. [laughter] ashley: that is quite a question. tracy: a quarter till. stocks up. no more drinking. joining us now to talk about these. a lot of people made there gains for the year. traders like yourself are done for the year, but what about the gatt has not even get man. is it too late? >> it is never too late. you have a creaking device like that. tracy: down on the floor. god forbid an emergency. you needed. ashley: generators don't generate returns. however, the people that have missed out on the market will,
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as we discussed in the past, playing leapfrog. there will be forced to pay up the stock. not a lot of sellers around. both up and down days, but for people that are chasing yield, they're not going to have any choice but to pay up. obviously if you own stocks already you will benefit from that. i think the only pull back that we will see between now and the end of the year is potentially in the last week, and that will be due to people just taking profits for the year. we should really have smooth sailing between now and the end of the year. tracy: you make a great point. sellers are already on holiday. you should be, too. thank you very much. ashley: this has the ear piece appeared in the microphone there. she is back. the lindsay lohan back in the news. dennis kneale ahead. the video-game charging there illegally using her image.
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tracy: the dow is down 42 points. take a look of some of the winners on the nasdaq. ebay is up. someone is buying some holiday presents. one of my favorites up as well. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world.
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in fact, we've invested over $55 billion here in the last five years - making bp ameri's largest energy investor. our commitment has never been stronger.
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♪ tracy: unfortunately when life imitate arts there are times when the lawyers intervennd. dennis kneale has this latest case involving the hit video game grand theft auto five. well, lindsay lohan. >> yes. circling her lawyers. just a cry for unknown party girl publicity or maybe a new pair of glasses. mobilize to lawyer for a possible contact.
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grand theft auto. a striking similarity, but another one, the video game actually based on a different fashion model. may need a new pair of spectacles. the disparities that exist they do ask for our help. the lindsay has that problem quite a bit. and if she decides to sushi is targeted a very rich maker. stocks up 30% or more this year. taking in a billion dollars in three days. it is huge, but let's be real. products rip-off life all the time.
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this looks a lot more like it up in the lindsay lohan, and awaken the video game be more damage to our reputation-yourself already has done. she will be getting publicity that does not involve another drunk driving arrest. there is that. tracy: absolutely. her career is on a downward spiral. this is a good thing for her. >> it could be. but to be given the tape to interactive. she ought to get some money for having her likeness used in that game, especially when it's like mislike years. an injustice. tracy: town dating a time like that. coming up, the man behind luxury online website guilt launches a new online mention. potentially the most joyous moments of your single life
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founder will be joining us next in a fox business exclusive.
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♪ liz: good afternoon, everybody. it is the last hour of trading. and if you thought it was going to be the start of rally, santa may have over shops. the dow jones industrial average cannot seem to find its way of either side of the bed having crossed the unchanged line more than 23 times today, dragging down the dow 30 by far the most. three and minnesota mining and manufacturing, a company that makes everything from ticket take the medical products, posted notes. this downgrade to underweight from equal weight by morgan
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stanley. that sent the shares tumbling. let's take a look at stock right now. $4.65 to more than three and a half%. minnesota mining and manufacturing have been a very tough day on this monday. even if you overslept, it is hard to miss the fact that it is cyber monday. the day when you have so estimated 131 million americans are expected to spend some $2 billion shopping turned the -- both are up just slightly with fedex seeing a better game, about one 1/3%. the close of about $139.806. that will be a new all-time high . taking air mail to all the level.

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